Hello to you all. Mars Signals team wishes you high profits at all times.
As you can see, the price is moving inside a bearish channel. It is now touching its first support.
If the price gets rejected from the support line and bounces up, it will go up to it’s resistances as shown by the arrow.
But if it does not have enough power, it will break below the channel and move toward its support two or even further down.
Of course all of these depend on Bitcoin’s price. These situations could happen if Bitcoin calms down.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
As you can see, the price is moving inside a bearish channel. It is now touching its first support.
If the price gets rejected from the support line and bounces up, it will go up to it’s resistances as shown by the arrow.
But if it does not have enough power, it will break below the channel and move toward its support two or even further down.
Of course all of these depend on Bitcoin’s price. These situations could happen if Bitcoin calms down.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!